What users are saying about
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Top Rated
105 Ratings
61 Ratings

Accounting by Wave

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Top Rated
105 Ratings
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Score 9.1 out of 101
61 Ratings
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Score 7.4 out of 101

Likelihood to Recommend

Accounting by Wave

I have recommended it to many small businesses because first off, it works. Setup and daily use it is easy. There is no cost outside of any payment transaction processing fees. You can probably find lower fees, but they are not out of line with other services.
No photo available

Sage 100

I would recommend Sage 100 ERP to anyone needing basic accounting: general ledger, accounts payable and accounts receivable. It is very good for distribution companies. I would also recommend it for some manufacturing companies, depending on their needs.
Joseph Mancuso profile photo

Feature Rating Comparison

Payroll Management

Accounting by Wave
7.9
Sage 100
6.5
Pay calculation
Accounting by Wave
8.2
Sage 100
8.0
Benefit plan administration
Accounting by Wave
7.5
Sage 100
6.0
Direct deposit files
Accounting by Wave
8.0
Sage 100
6.0
Salary revision and increment management
Accounting by Wave
7.7
Sage 100
6.3
Reimbursement management
Accounting by Wave
8.0
Sage 100
6.1

Customization

Accounting by Wave
8.8
Sage 100
7.5
API for custom integration
Accounting by Wave
8.7
Sage 100
7.0
Plug-ins
Accounting by Wave
8.8
Sage 100
7.9

Security

Accounting by Wave
8.5
Sage 100
9.4
Single sign-on capability
Accounting by Wave
9.1
Sage 100
9.8
Role-based user permissions
Accounting by Wave
7.9
Sage 100
9.0

Reporting & Analytics

Accounting by Wave
8.5
Sage 100
6.8
Dashboards
Accounting by Wave
8.5
Sage 100
8.8
Standard reports
Accounting by Wave
8.3
Sage 100
6.9
Custom reports
Accounting by Wave
8.6
Sage 100
4.8

General Ledger and Configurable Accounting

Accounting by Wave
8.3
Sage 100
6.7
Accounts payable
Accounting by Wave
8.6
Sage 100
6.3
Accounts receivable
Accounting by Wave
9.2
Sage 100
6.3
Cash management
Accounting by Wave
8.1
Sage 100
Bank reconciliation
Accounting by Wave
7.9
Sage 100
Expense management
Accounting by Wave
8.5
Sage 100
Time tracking
Accounting by Wave
7.5
Sage 100
Fixed asset management
Accounting by Wave
6.8
Sage 100
Multi-currency support
Accounting by Wave
8.3
Sage 100
Multi-division support
Accounting by Wave
7.4
Sage 100
Regulations compliance
Accounting by Wave
7.3
Sage 100
Electronic tax filing
Accounting by Wave
6.0
Sage 100
Self-service portal
Accounting by Wave
8.9
Sage 100
Global Financial Support
Accounting by Wave
9.0
Sage 100
5.0
Primary and Secondary Ledgers
Accounting by Wave
9.3
Sage 100
6.6
Intercompany Accounting
Accounting by Wave
8.6
Sage 100
6.0
Localizations
Accounting by Wave
9.5
Sage 100
7.2
Journals and Reconciliations
Accounting by Wave
8.2
Sage 100
5.5
Enterprise Accounting
Accounting by Wave
8.7
Sage 100
6.3
Configurable Accounting
Accounting by Wave
8.7
Sage 100
5.0
Centralized Rules Framework
Accounting by Wave
9.0
Sage 100
Standardized Processes
Accounting by Wave
8.1
Sage 100
8.5

Inventory Management

Accounting by Wave
8.9
Sage 100
8.9
Inventory tracking
Accounting by Wave
9.5
Sage 100
9.0
Automatic reordering
Accounting by Wave
8.0
Sage 100
8.9
Location management
Accounting by Wave
9.0
Sage 100
9.0
Manufacturing module
Accounting by Wave
9.0
Sage 100
8.9

Order Management

Accounting by Wave
8.0
Sage 100
9.0
Pricing
Accounting by Wave
8.3
Sage 100
9.0
Order entry
Accounting by Wave
8.4
Sage 100
9.0
Credit card processing
Accounting by Wave
9.1
Sage 100
9.0
Cost of goods sold
Accounting by Wave
8.8
Sage 100
9.0
Order Orchestration
Accounting by Wave
8.0
Sage 100
9.0
End-to-end order visibility
Accounting by Wave
5.4
Sage 100
9.0
Order exception Resolution
Accounting by Wave
8.0
Sage 100
9.0

Accounting Firm BPO Features

Accounting by Wave
8.0
Sage 100
Branded client dashboards
Accounting by Wave
8.0
Sage 100
Client data roll-up capabilities
Accounting by Wave
8.0
Sage 100
Client data consolidation for benchmarking
Accounting by Wave
7.5
Sage 100
Configurable alerts
Accounting by Wave
8.0
Sage 100
Billing bypass
Accounting by Wave
8.0
Sage 100
Client template cloning
Accounting by Wave
8.0
Sage 100
Single sign-on
Accounting by Wave
9.0
Sage 100
Configurable client onboarding questions
Accounting by Wave
8.0
Sage 100
Cross-client workflow management
Accounting by Wave
8.0
Sage 100
Industry-specific versioning
Accounting by Wave
8.0
Sage 100
Legacy system data migration
Accounting by Wave
8.0
Sage 100

Subledger and Financial Process

Accounting by Wave
Sage 100
6.5
Automated Invoice Processing
Accounting by Wave
Sage 100
5.8
Shared Services Payments
Accounting by Wave
Sage 100
10.0
Billings Management
Accounting by Wave
Sage 100
7.0
Customer Receipt Applications
Accounting by Wave
Sage 100
8.0
Customer Collections
Accounting by Wave
Sage 100
5.5
Revenue Recognition
Accounting by Wave
Sage 100
7.5
Cash Management
Accounting by Wave
Sage 100
5.3
Asset Management
Accounting by Wave
Sage 100
5.8
Travel & Expense Management
Accounting by Wave
Sage 100
4.0
Budgetary Control & Encumbrance Accounting
Accounting by Wave
Sage 100
4.3
Period Close
Accounting by Wave
Sage 100
7.0
Subledger Reconciliations
Accounting by Wave
Sage 100
8.0

Project Financial Management

Accounting by Wave
Sage 100
6.2
Budgeting and Forecasting
Accounting by Wave
Sage 100
4.3
Project Costing
Accounting by Wave
Sage 100
8.0
Cost Capture
Accounting by Wave
Sage 100
8.0
Capital Project Management
Accounting by Wave
Sage 100
8.0
Customer Invoicing
Accounting by Wave
Sage 100
3.8
Customer Contract Compliance
Accounting by Wave
Sage 100
6.0
Project Revenue Recognition
Accounting by Wave
Sage 100
6.0
Project Financial Performance Analysis
Accounting by Wave
Sage 100
6.0
Project Financials Dashboard
Accounting by Wave
Sage 100
6.0
Real-time Financial Reporting
Accounting by Wave
Sage 100
6.0
Embedded Business Intelligence
Accounting by Wave
Sage 100
6.0
Project Planning Collaboration
Accounting by Wave
Sage 100
6.0

Logistics

Accounting by Wave
Sage 100
9.7
Fulfillment Management
Accounting by Wave
Sage 100
9.0
Inventory Visibility
Accounting by Wave
Sage 100
10.0
Warehouse Workforce Management
Accounting by Wave
Sage 100
10.0

Manufacturing

Accounting by Wave
Sage 100
9.0
Supply Chain Business Flows
Accounting by Wave
Sage 100
10.0
Production Management
Accounting by Wave
Sage 100
8.0

Supply Chain

Accounting by Wave
Sage 100
9.0
Forecasting
Accounting by Wave
Sage 100
9.0
Inventory Planning
Accounting by Wave
Sage 100
9.0
Multi-tier Supply Chain Planning
Accounting by Wave
Sage 100
9.0
Performance Monitoring
Accounting by Wave
Sage 100
9.0

Pros

Accounting by Wave

  • The dashboard provides instant views of month-by month income & expenses for the past 12-24 months, a breakdown of current year expense by category, and net income for the past year and year-to-date.
  • Invoicing has easy templated set up has lots of per invoice options such as single/recurring payment options, due dates.
  • Year end reports are easy to generate in either pdf or csv format.
No photo available

Sage 100

  • Tremendous value for the cost of the solution
  • Increased visibility into order fulfillment for client facing employees
  • Integration with third party applications to facilitate fulfillment
No photo available

Cons

Accounting by Wave

  • Not too much to complain about with Wave although I do wish they kept an audit trail of all invoice reminders sent, changes in the invoice, and have the ability to pull reports with this data. This functionality would be great to review clients as a whole to determine profitability and time spent with these clients.
  • 9% processing fees for all cards which is a bit higher than some of the competitors like Blue Pay. The pro to this though is there's no monthly commitment or monthly service fees.
Matthew Gehrman profile photo

Sage 100

  • There are multiple steps with Sage 100 ERP in which MAS90 had fewer steps. This was one of the findings when bookkeeper had to adapt to changes with the new system.
Lynn Albala profile photo

Likelihood to Renew

Accounting by Wave

Accounting by Wave 7.8
Based on 3 answers
Easy to use for clients with no accounting background and the price is right.
Jeanne Harris profile photo

Sage 100

Sage 100 7.6
Based on 5 answers
I would put this out to bid, if I were at the same organization. There have been a lot of improvements and changes in enterprise software and my preference would be to find a good web-based or cloud-based tool. Lower overall cost of ownership and improved efficiency would be my target criteria for a rebid of this.
No photo available

Usability

Accounting by Wave

Accounting by Wave 5.3
Based on 4 answers
I am a professional bookkeeper and I have no problems using Wave and all of it's features. I can see that certain individuals who have no accounting knowledge might struggle with a few different features and entries, but that is why Wave has an emphasis in connecting users to Wave Pro's who will walk them through things
Melissa Whaley profile photo

Sage 100

Sage 100 8.2
Based on 4 answers
The screens are easy to understand and their is a help button on everyone of them
Joseph Mancuso profile photo

Reliability and Availability

Accounting by Wave

Accounting by Wave 6.7
Based on 4 answers
WAVE is always available when we need it ! Peter
Peter Cullen profile photo

Sage 100

No score
No answers yet
No answers on this topic

Performance

Accounting by Wave

Accounting by Wave 2.9
Based on 2 answers
Wave does tend to slow down when filtering your transactions screen especially by date. This is more of an issue when trying to trouble shoot certain transactions or clean-up a set of books.
Melissa Whaley profile photo

Sage 100

Sage 100 9.1
Based on 1 answer
No answer on this topic is available.

Support

Accounting by Wave

Accounting by Wave 9.0
Based on 1 answer
If they had live chat service then I'd rate this a 10.
Matthew Gehrman profile photo

Sage 100

Sage 100 7.7
Based on 2 answers
Sage Support is very good. I usually get a person on the phone in a short time frame and usually get my issues fixed in one called.
Joseph Mancuso profile photo

Online Training

Accounting by Wave

Accounting by Wave 4.7
Based on 3 answers
easy to use and east to train on ! Our WAVE clients enjoy the ease of use
Peter Cullen profile photo

Sage 100

No score
No answers yet
No answers on this topic

Implementation

Accounting by Wave

No score
No answers yet
No answers on this topic

Sage 100

Sage 100 6.0
Based on 1 answer
We had an advantage in implementing the tool in that our director of Ops had been part of the team implementing the ERP for other users so we knew what to expect and were able to avoid a lot of the challenges people sometimes face with implementations. However, the process still took far longer than desired.
No photo available

Alternatives Considered

Accounting by Wave

Wave is better in being my one place to go for collecting payments. PayPal is nice if you're on the road collecting payments through their app and using PayPal Here, but if you would like to keep invoicing in the same place as your bookkeeping, I think Wave is a better-integrated solution.
Carl Grivakis profile photo

Sage 100

We preferred the cost point and overall value we felt we got as opposed to the competition
No photo available

Scalability

Accounting by Wave

Accounting by Wave 3.0
Based on 2 answers
Once they out grow what is ability to move up to a more robust system?
Penny Breslin profile photo

Sage 100

No score
No answers yet
No answers on this topic

Return on Investment

Accounting by Wave

  • Wave has removed several of the stresses of running my own business and helped me collect payment from a variety of local and national clients in one easy space.
  • Wave has helped give me eyes in on how my money has been allocated, and how the business expenses have been tracked.
  • Wave is a good self-service tool, that can do much of the work Quickbooks does for others, but as a free solution provider.
Carl Grivakis profile photo

Sage 100

  • Data conversion went swiftly from MAS 90 to Sage 100 ERP.
  • Bookkeeper was able to learn and used Sage 100 ERP.
Lynn Albala profile photo

Pricing Details

Accounting by Wave

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Accounting by Wave Editions & Modules

Accounting by Wave
Additional Pricing Details

Sage 100

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Sage 100 Editions & Modules

Sage 100
On-premise Edition
Sage 100 ERP Standard
1
Sage 100 ERP Advanced
1
Sage 100 ERP Premium
1
1. Per Seat per Month
SaaS Edition
Sage 100 ERP Online
1
1. Per User per Month
Additional Pricing Details

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